#CryptoClarityAct
Regarding the clarity law, it was approved by the House of Representatives on July 17, and it is now on its way to the Senate for consideration.
Why does it matter to Bitcoin investors? Some entities associated with Bitcoin operate overseas, and sometimes in unethical ways. Therefore, regulatory clarity is a crucial step in building investor trust, as well as supporting market structure providers.
In many ways, it is truly remarkable that Bitcoin has grown this much amid this confusing situation between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).